# PLD Space receives €158.9 million ESA launcher award

_Thursday, August 27, 2026 at 10:31 AM EDT · Science, Capital · Latest · Tier 2 — Notable_

![PLD Space receives €158.9 million ESA launcher award — Primary](https://www.eu-startups.com/wp-content/uploads/2026/08/PLD-Space.png)

PLD Space has been awarded €158.9 million by the European Space Agency under the European Launcher Challenge. The award covers support for its commercial MIURA 5 orbital-launch service and flight-cadence ramp-up through 2030, plus development of upgraded MIURA 5 capacity, including propulsive-landing capability. PLD says the upgrades are intended to transfer to its planned MIURA Next heavy-launcher family. The award follows other 2026 financings and launch-site investment described by EU-Startups.

## Sources

- [EU-Startups](https://www.eu-startups.com/2026/08/pld-space-continues-stellar-year-of-growth-with-e158-9-million-esa-award/)

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Publisher: Tech & Business (techandbusiness.org)